Crypto high 6 fig with no source of funds no tax returns looking to offramp

[providenceventurer]

Which coins do you suggest?

 

[daniels27]

Yes

 

[providenceventurer]

Where is Johnny nowadays maybe will‌ visit him some time he seems like a fun guy .I have read his many‍ posts.And friends i am leaving for phillipines the day after tomorrow via Hongkong and will⁠ be there for a month, if anybody wants to meet up .I am up to⁤ meet for a good coffee.I will be in Cabuyao near manila.

 

[diatessaron]

Ethereum, Solana, LEO, Avax etc.‌

 

[providenceventurer]

Thank you for the recommendations‌

 

[daniels27]

A shitcoin?

 

[Vernon]

Aren't those debit cards in your name or is there a︇ way around that?
I think if they are issued by an EU-based issuer they might︈ share your data with Spain.

 

[daniels27]

Buy prepaid cards in the shops in US without⁠ name on it then.

 

[mytoofood]

where would you buy⁠ the cars and crypto? just where you live or is there a country better than⁤ other?

 

[Wellington]

Problem - even if you so called legitimize it governments are︃ utilizing tracing, that allows them at the whim to track the funds back and then︄ they can seize all the funds.

I.e right now the US wants BTC at neutral,︅ that means they will seize to secure their BTC and tax evasion is a easy︆ option, other countries will do the same, either for tax (EURO) or for BTC/Stock piling.︇

So you could get your funds out and then 10 yrs later be charged with︈ tax evasion, money laundering and have everything *your home* etc seized.

You fucked up, see︉ if you can pay tax for the initial 30k (you said you have 50k) with︊ fines that will cover that, and then your funds are clean, and you can then︋ (if you've not traded them) bring them out.

If you take out the 650k then︌ you are fucked.
If you pay the 30k + fines (plus possible prison) then your︍ funds should be clear of claim, and you can withdraw those and pay the taxes︎ on.

 

[Monchip]

No way OP goes to prison in Spain for 30k I learned from the Shakira‌ case it’s only considered a crime there if you evade 120k+ per tax and per‍ year (that’s why she had 6 charges in 3 years) He will have to pay⁠ fines tho

 

[fc70]

Just Brainstorming here...

If you don't need all the money straightway perhaps store it in‌ gold.

Crypo to gold coins in say Dubai. Fly direct to Switzerland then bus/train to‍ Spain.

 

[0xDEADBEEF]

If you like gambling with BAZG and EU equivalents.‍

 

[fc70]

There's no import tax on most gold coins when entering Switzerland. Fly directly there not to‌ or via the EU.

See:
https://www.orsuisse.ch/en/further-information/gold-import-switzerland/

 

[fc70]

33 gold 1 t.oz coins = $100K
so not hard to carry

 

[fc70]

If you can get a receipt when buying them in Dubai even better.

 

[fc70]

Heading from Switzerland to France by bus or train if there's any border control entering‌ France, they will be looking for illegal migrants.

 

[mytoofood]

I haven’t read‍ everything on the page you referred to, but does that mean he doesn’t have to⁠ pay any tax if he buys gold in Switzerland and then transports it to, for⁤ example, Spain or France?

 

[fc70]

In Switzerland in⁠ believe gold in the form of bullion or coins is exempt from VAT. Other precious⁤ metals including silver, palladium and platinum are NOT exempt unless purchased then put into a⁣ bonded warehouse.

There's another post on this forum in which people say crypto to gold⁢ can be done in Switzerland, if true you then don't need to go to Dubai︀ as I suggested above if your final destination is France or Spain.

 

[Zensurfer]

I am a crypto trader and have contacts with real estate companies in Portugal that‌ can accept payment in crypto.